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forwardstechroot
Level 1
posted
‎November 04, 2020 02:06 PM
last updated ‎November 04, 2020 2:06 PM

Single Member LLC investing in another LLC

Hello,

I own a Single Member LLC investing and I'm making an investment in another LLC. What is the best way to track/mark this transaction within intuit quickbooks?

Best,

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1 Comment 1
Rustler
Level 15
‎November 05, 2020 03:50 AM

Single Member LLC investing in another LLC

Create an asset account named for the investment and use that account as the expense (reason) for the payment

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